The Reserve Bank of Australia’s (RBA) decision to lift its key interest rate again is an “unwelcome headache” for business, a business lobby group says. More: Rate rise a ‘headache’ for business (Brisbane Times)

March 2 (Bloomberg) — A-TEC Industries AG ’s AE&E Group, an Austrian plant engineering and construction company, may make acquisitions in South Africa after starting an office in the country, Business Day said, citing Mirko Kovats , a majority shareholder in A-TEC. See more here: A-TEC Unit May Make S. African Acquisitions, Business Day Says (Bloomberg)

March 2 (Bloomberg) — Netcare Ltd. will spend 800 million rand ($105 million) in its current financial year expanding capacity at its hospitals to meet increased demand, Business Report said, citing Chief Executive Officer Richard Friedland . See more here: Netcare Plans 800 Million Rand Expansion, Business Report Says (Bloomberg)

BEIJING, March 2 (Reuters) – China’s four-biggest banks made net new loans in February of about 294 billion yuan ($43.1 billion), down about 39 percent from January, banking sources said on Tuesday. Overall bank lending in January was 1.39 trillion yuan, with the Big Four banks extending 480 billion yuan in new loans, sources previously told Reuters. Bank of America Merrill Lynch has forecast...

The owner of Tidelands Bank has been flagged by regulators concerned about its capital coffers and concentration of troubled loans, requiring the lender to take corrective actions to avert more severe consequences. See original here: Tidelands told boost capital, cut bad loans (The Post and Courier)

BEIJING, March 2 (Reuters) – China’s four-biggest banks made net new loans in February of about 294 billion yuan ($43.1 billion), down about 39 percent from January, banking sources said on Tuesday. More here: China top 4 banks had 294 bln yuan in new loans in Feb-sources (Reuters via Yahoo! Philippines News)